3 Family - 3 Units Up/Down at 45 Addison, Chelsea
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21 photos

$999,000

45 Addison
Chelsea, MA 02150
Listed by Erik Pali
Bedrooms
8
Bathrooms
3
Living area
3,103 sqft
Year built
1900

About this home

Fantastic Investment Opportunity! Well-maintained three-family property nestled in a quiet, friendly neighborhood within walking distance to local schools. Featuring spacious 3-3-2 bedroom units, generously sized bathrooms, updated kitchens, and gleaming hardwood floors throughout. Situated on an oversized, double lot, the property offers off-street parking for up to 14 vehicles. Additional potential for a fourth unit or studio in the basement (buyer to verify permits and feasibility). Strong rental history with long-term tenants of over 5 years and an excellent record of on-time rent payments. A must-see opportunity for investors or owner-occupants looking to maximize rental income!

Property details

MLS
MLS Property Information Network
MLS #
73592192
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
13
On market date
October 17, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
6
Lot size
0.09 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Shurtleff Early Childhood
0.55 mi away · Grades -1-1
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
831
Student:teacher ratio
14.8:1
District
Chelsea
Middle
Clark Avenue School
0.18 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
719
Student:teacher ratio
14.1:1
District
Chelsea
High
Chelsea High
0.36 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,498
Student:teacher ratio
12.7:1
District
Chelsea

Walkability

Blended score for Chelsea's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

79
Walkable
out of 100
EPA National Walkability Index
13.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies8

Market position

How this listing compares to current activity in Chelsea, from live MLS data.

On the market 13 days -- 77 fewer days than Chelsea's current average of 90 days.
For reference, the median list price across 402 active listings in Chelsea right now is $2,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$6,166/mo
$199,800 down
$799,200 loan
Principal & interest$5,184
Property tax (est.)$833
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 6 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.